Oil prices are rising in early market trading after the U.S. said it would blockade Iranian ports beginning Monday.

Vice President JD Vance traveled to Pakistan on Saturday to engage in peace talks with Iran. However, the two countries failed to reach a deal.

Oil prices spiked above $100 a barrel late Sunday in the United States after the White House signaled it would begin blockading Iranian ports, escalating tensions with Iran following failed negotiations.

The United States and Iran ended a historic round of face-to-face talks early Sunday without reaching an agreement and the fate of the fragile, two-week ceasefire still unclear. Vice President JD Vance,

The third round of historic, face-to-face talks concluded days after a fragile, two-week ceasefire was announced in the war with Iran.

The United States and Iran ended a historic round of face-to-face talks early Sunday without reaching an agreement and the fate of the fragile, two-week ceasefire still unclear. Vice President JD Vance,

By MUNIR AHMED, SAM METZ, E. EDUARDO CASTILLO and SAMY MAGDY ISLAMABAD (AP) — U.S. and Iranian officials held separate talks with Pakistan’s prime minister on Saturday amid a ceasefire made fragile by deep disagreements

US Vice President JD Vance arrives in Islamabad for high-stakes ceasefire talks with Iran. Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten,